Credit Report Dispute

A credit report dispute (or challenge) is a letter sent to a credit bureau or creditor that asks them to verify an item on your credit report. If there is an account or other data that you do not agree with or know to be inaccurate, you can legally challenge it through a credit report dispute.

The main purpose of a credit report dispute is to get the item in dispute removed or deleted entirely from your credit report. The fewer negative entries you have on your report, the better your score will be. This allows you to qualify for credit with lower interest rates and more favorable terms.

Anyone can perform the credit report dispute process, you do not necessarily need to hire a credit repair company to do it for you. But be forewarned that the process can be very time consuming. First, you must become familiar with the laws regarding credit report disputes, second, you must learn the steps to effectively complete the process, third, you must be patient in waiting for a response from the credit bureaus or creditors, and finally know what to do if they do not respond to your credit report dispute.

Your credit is too important to leave to just anyone. The experts at Legacy Legal Services know the credit report dispute process inside and out. Let them do the dirty work while you reap the rewards of a clean credit report.